Cliff Asness AQR Capital Management
Cliff Asness is a co-founder of AQR Capital Management, a leading quantitative investment firm spanning equities, alternatives, and factor strategies. He is known for academic-informed research on value, momentum, and other systematic premia, as well as candid market commentary. Asness’s work bridges academic finance and large-scale institutional portfolio management.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.17B |
| 2 |
Apple
AAPL
|
+$849M |
| 3 |
Chevron
CVX
|
+$746M |
| 4 |
Synopsys
SNPS
|
+$643M |
| 5 |
Wells Fargo
WFC
|
+$633M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$517M |
| 2 |
Booking.com
BKNG
|
+$488M |
| 3 |
Walmart Inc
WMT
|
+$414M |
| 4 |
SNDK
Sandisk
SNDK
|
+$355M |
| 5 |
Cigna
CI
|
+$325M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.5% |
| 2 | Financials | 14.38% |
| 3 | Industrials | 14.2% |
| 4 | Consumer Discretionary | 10.53% |
| 5 | Healthcare | 10.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
nLIGHT
LASR
$2.54B
| $36.9M | 0.01% |
529,520
-6,922
| -1% | -$483K |
|
927
Walker & Dunlop
WD
$1.36B
| $36.7M | 0.01% |
671,312
+431,531
| +180% | +$21.8M |
|
928
Mercury Insurance
MCY
$5.89B
| $36.7M | 0.01% |
343,942
-7,517
| -2% | -$740K |
|
929
Ubiquiti
UI
$33.5B
| $36M | 0.01% |
67,472
-61,731
| -48% | -$46.6M |
|
930
Riot Platforms
RIOT
$7.51B
| $35.9M | 0.01% |
1,310,980
+677,190
| +107% | +$15.3M |
|
931
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $35.8M | 0.01% |
50,915
+18,090
| +55% | +$12.1M |
|
932
Corebridge Financial
CRBG
$14.2B
| $35.4M | 0.01% |
1,237,812
-382,064
| -24% | -$10.3M |
|
|
BULL
933
Webull Corp
BULL
$4.54B
| $35.3M | 0.01% |
5,411,714
+2,078,792
| +62% | +$13.5M |
|
934
ThredUp
TDUP
$369M
| $35.3M | 0.01% |
5,150,020
+4,062,111
| +373% | +$19M |
|
935
Perrigo
PRGO
$1.98B
| $35.3M | 0.01% |
3,480,666
+2,797,863
| +410% | +$30.8M |
|
936
Teleflex
TFX
$5.86B
| $35.2M | 0.01% |
280,637
+133,397
| +91% | +$17.1M |
|
937
Terex
TEX
$7.53B
| $35.1M | 0.01% |
485,213
-62,172
| -11% | -$3.89M |
|
938
Progress Software
PRGS
$1.78B
| $35M | 0.01% |
1,042,345
+652,620
| +167% | +$19.3M |
|
939
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $35M | 0.01% |
585,643
+126,844
| +28% | +$7.45M |
|
940
Rocket Lab Corp
RKLB
$43.7B
| $34.9M | 0.01% |
354,071
+206,872
| +141% | +$20.6M |
|
941
Fortive
FTV
$18.3B
| $34.9M | 0.01% |
576,387
+65,234
| +13% | +$3.92M |
|
942
Noble Corp
NE
$7.34B
| $34.8M | 0.01% |
933,679
+5,470
| +0.6% | +$262K |
|
943
Realty Income
O
$59.8B
| $34.7M | 0.01% |
559,722
+30,976
| +6% | +$1.93M |
|
944
Blue Bird Corp
BLBD
$1.87B
| $34.7M | 0.01% |
438,902
+59,405
| +16% | +$4.03M |
|
945
Vanguard Russell 3000 ETF
VTHR
$4.8B
| $34.6M | 0.01% |
104,527
+14,232
| +16% | +$4.55M |
|
946
Workiva
WK
$4.07B
| $34.6M | 0.01% |
713,213
+376,920
| +112% | +$19.4M |
|
947
Avient
AVNT
$4.07B
| $34.4M | 0.01% |
936,044
+18,773
| +2% | +$680K |
|
948
Visteon
VC
$2.72B
| $34.4M | 0.01% |
350,540
-54,474
| -13% | -$5.95M |
|
949
Cohen & Steers
CNS
$4.28B
| $34.4M | 0.01% |
451,679
+210,989
| +88% | +$14.9M |
|
950
Kura Oncology
KURA
$1.1B
| $34.3M | 0.01% |
3,126,727
+1,002,247
| +47% | +$9.46M |
|
Similar funds
Cliff Asness's Q2 2026 Portfolio in Review
As of Q2 2026, Cliff Asness held 3,986 positions worth $287B, up 31% from $218B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Cliff Asness deployed $37.5B of net new capital in Q2 2026, opening 247 new positions and adding to 2,455 existing holdings. Its largest new stake was FedEx Freight: 1,024,555 shares worth $155M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 22% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Micron Technology, an estimated $517M trimmed.
- Cliff Asness's largest Q2 2026 buy was FedEx Freight: 1,024,555 shares worth $155M.
- Cliff Asness added most to NVIDIA in Q2 2026, an estimated $1.17B increase.
- Cliff Asness's biggest Q2 2026 reduction was Micron Technology, cutting an estimated $517M.
- Cliff Asness fully exited Masimo in Q2 2026, selling an estimated $147M.
- Cliff Asness's ten largest holdings make up 12% of its $287B portfolio in Q2 2026.
- Cliff Asness opened 247 new positions and closed 86 in Q2 2026.
- Cliff Asness's portfolio value rose 31% quarter-over-quarter to $287B.
Based on AQR Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.